The market is a bit noisy right now. This round of rebound has rhythm, but the rhythm is off - the 4-hour chart is still in a downtrend, and this short-term surge is just a relief. The overbought signals for BTC/ETH/DOGE (with RSI all above 70), combined with the large but directionless trading volume, make this position very likely to become a trap. I am still observing. Not every rebound is worth entering. The perfect entry point is not about rushing in, but about waiting. You have to wait for it to either confirm a continued decline or retreat from this high point, so that the timing can align. Account is resting, keep the fire up. #观望 #GateAI人机对抗赛 #GatePerps

Just pulling from memory here—BTC hit bottom somewhere in the low-to-mid 30s back in January '22. Then we saw that bounce up to around 50k by March. After that peak? Total shift in momentum. The whole market went into this steady grind lower, bleeding out until we finally touched 20k somewhere around July. Wild how fast sentiment flipped during that stretch.

#加密市场回调 Today, the morning surge looked quite strong after a plummet at 93400, which directly fell to a low of 89966 by midday. Ether also couldn't hold up, sliding from 3128 down to around 2990. My short order strategy this morning made money. How does the market look now? Although there were three bullish candles on the four-hour chart, neither the Bollinger Bands nor the middle track was broken, and the upward pressure is still evident. Following that, there were three consecutive bearish candles, effectively opening up a downward channel. The one-hour line does show a slight rebound, but this kind of rebound is mostly a trap for the bulls, and it is highly likely that the price will continue to go down. So the idea for the afternoon is very clear - short at the highest price when there is an opportunity. $BTC can focus on the range of 92000 to 92500, entering to short, with the initial target near 90000; for Ether, the position around 3080-3100 can be considered for a short order, aiming for a target around 2950. In the current market environment, don’t think about catching the bottom; following the trend is the right way.